Optical Tech > Components | Lightwave

TeraXion’s executive management team, from left to right: Richard Kirouac, Ghislain Lafrance, and Alain-Jacques Simard.

TeraXion touts new funding, executive shifts

The company says it has sold a minority stake to BDC Capital’s Growth Equity division. BDC’s Growth and Transition Capital division also is working with CIBC on bank refinancing.

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Penny Herscher new Lumentum board chair

She replaces Martin A. Kaplan, who died August 3.

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U.S. Commerce Dept. grants Huawei another 90-day pass but adds more affiliates to Entity List

The Temporary General License BIS granted Huawei is the second the Chinese telecommunications technology supplier has received.

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II-VI to refile Finisar purchase approval request with Chinese authority

The company says the action should not adversely affect the review process of the deal, which II-VI management now expects to close this fall.

The April High Speed Plugfest followed a similar event held last December (pictured above).

Latest Ethernet Alliance High-Speed Networking Plugfest has 97% pass rate

If the latest Ethernet Alliance High Speed Networking (HSN) Plugfest is any indication, industry is making significant progress toward developing multivendor interoperable high-speed devices.

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OIF launches coherent driver modulator, FlexE/400ZR white paper projects

The first effort targets a higher baud rate coherent driver modulator and the second seeks to create a white paper that describes low-rate service multiplexing using FlexE and 400ZR.

Lumentum Board Chairman Martin A. Kaplan passes away

Kaplan also was chairman of Superconductor Technologies, a developer of superconducting wire. He was 81.

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NeoPhotonics escapes 2Q19 above revised guidance

Company management said that strength in demand among Western customers as well as resumption of most of their shipments to Huawei accounted for the better than expected revenue performance

CEO Michael Hurlston will Finisar before the close of the company's sale to II-VI.

Finisar CEO Hurlston to depart before sale to II-VI closes

Finisar Corp. has revealed that CEO Michael Hurlston is leaving the company to pursue another, unspecified opportunity. He was not expected to be offered a position with II-VI.

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Commerce Secretary Ross underscores national security in review of Huawei ban exceptions

President Donald Trump’s stated at the G-20 Summit in Tokyo at the end of June that, as trade talks with China were about to resume, some sales to Huawei might be allowed. However, no details on which technologies might receive clearance have emerged.

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Rockley Photonics snags $52 million in first close of Series E funding round

Investors included an unidentified “key strategic partner,” Morningside Technology Ventures, and “numerous private investors.” Rockley has raised $165 million to date.

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MACOM restructuring plans include layoffs, exit from datacom module sales

The company expects to save approximately $50 million annually once it has made all of the changes.

Yamaichi Electronics offers QSFP-DD pluggable module connector and cage assembly

Yamaichi Electronics has added a QSFP-DD pluggable module connector and cage assembly to its line of high-speed connector products. The company says it also offers customized heatsink solutions.

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Teramount, Hisense to partner on fiber to silicon photonics attachment

Teramount, which specializes in fiber-to-silicon connectivity technology, and Hisense Broadband Multimedia Technology have signed an agreement though which Hisense Broadband will use Teramount’s PhotonicPlug approach in its optical module products.